PETALING JAYA – Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi announced today that sellers may be penalised up to RM500,000 if caught selling surgical face masks above RM1 when the price ceiling will be implemented on Saturday.
The fine was inline with the Price Control and Anti-Profiteering Act 2011 that also includes a compound up to RM250,000 per offence.
Individual caught committing the offence could be compounded up to RM50,000 or imprisonment of up to three years. A maximum fine should also be given if convicted.
Alexander also warned retailers or resellers on attempting to violate the price ceiling by masking their prices.
They can be fined up to RM50,000 or compounded up to RM25,000. Companies on the other hand, can fined up to RM100,000 or compounded up to RM500,000. According to Domestic Trade and Consumer Affairs Minister, authorities have conducted over 45,000 random checks on facemask up to August 11, they were able to seize 55 boxes of masks valued at RM536,951 while issuing RM392,400 compound to those caught violating.